Hindsight Market

The Graveyard › 1998

United Meridian Corp

UMC. · Oil & Gas · NYSE · in our data July 23, 1993 to March 27, 1998 (4.7 years)

The first trading day in our data for United Meridian Corp is July 23, 1993 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on December 9, 1996, the market valued it at $1.8 billion. It left the market without a crash, last trading at $30.38. The delisting record says: delisted or deregistered. Many companies end this way when they are bought, merged or taken private.

1993-071998-03
Peak market value$1.8 billionDecember 9, 1996
Highest split-adjusted share price$53.13December 9, 1996
Last share price$30.38March 27, 1998
From its split-adjusted high to the end-42.8%
Return over the days in our data+78.7%with dividends, before the last trade
Worst single day-14.0%January 7, 1997

Share prices are adjusted for splits and other share changes, so the high and the last price compare like for like; the peak market value is as it was on the day. The return covers the trading days in our data only: it does not include what holders received, or lost, after the last trade (a merger payout, a bankruptcy), and it does not reach back before 1993. How these numbers are made · Report a data issue.

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Also gone in 1998: Oil & Gas